MANAGEPAY SYSTEMS BERHAD

KLSE (MYR): MPAY (0156)

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Last Price

0.105

Today's Change

-0.005 (4.55%)

Day's Change

0.10 - 0.11

Trading Volume

1,664,700


29 people like this.

16,007 comment(s). Last comment by Sword 2 months ago

Posted by BuzzmeFund > 2020-04-29 15:40 | Report Abuse

Where is the 2020 Q1 report?

Posted by Poh Eng Seong > 2020-05-05 08:28 | Report Abuse

Tp. 125 this week

PH777

104 posts

Posted by PH777 > 2020-05-05 10:26 | Report Abuse

Welcome!

birdparadise

1,468 posts

Posted by birdparadise > 2020-05-05 11:40 |

Post removed.Why?

wazhab

255 posts

Posted by wazhab > 2020-05-05 22:02 | Report Abuse

Fly come on

diaz_flag

202 posts

Posted by diaz_flag > 2020-05-06 17:59 | Report Abuse

oh yeah fly in ur dream

Posted by BuzzmeFund > 2020-05-14 16:25 | Report Abuse

MPay are into cuts in capital receipts spending, moratoria and retrenchments now, their business performance is terribly bad.

E-commerce does not benefit them, they had missed the eCommerce opportunity many years ago & decided to remain their focus on conventional payment. Foreseen a 10 Millions lost by end of 2020 if continue to have a 8 Million annual payroll.

PH777

104 posts

Posted by PH777 > 2020-05-16 15:59 | Report Abuse

Mpay should learn from Gpacket!

Snake

158 posts

Posted by Snake > 2020-05-19 00:45 | Report Abuse

MpayWALLET

PH777

104 posts

Posted by PH777 > 2020-05-19 08:34 | Report Abuse

NoPay-Wallet!

Posted by Poh Eng Seong > 2020-05-19 09:22 | Report Abuse

Prepare for launching

Posted by BuzzmeFund > 2020-05-19 16:42 | Report Abuse

"Prepare for launching" lol, i get you!!! MPay is Epic at re-launch the same old product every year.

diaz_flag

202 posts

Posted by diaz_flag > 2020-05-29 12:10 | Report Abuse

habis wayang

Posted by BuzzmeFund > 2020-06-02 17:52 | Report Abuse

Shame to MPay, especially Dato Chew, what are you trying to hide from 2020 Q1 report?

Yuming

548 posts

Posted by Yuming > 2020-06-05 16:09 | Report Abuse

Wow, suddenly boost up, what happen?

diaz_flag

202 posts

Posted by diaz_flag > 2020-06-09 09:19 | Report Abuse

as usual gimmick shit

plaxo 88

153 posts

Posted by plaxo 88 > 2020-06-09 10:30 | Report Abuse

Chew is a conman. Have attended 3 agms and not once explained the financial numbers and the state of company's finance. Each agm he gives a product technical presentation for 30 mins and agm is over. When people ask for a explanation of the p&l, chairman says all the info is in the annual report. Wat a bloody con show.

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2020-06-09 12:46 | Report Abuse

MPAY Annual report is usually announce after the AGM.

kenie

1,641 posts

Posted by kenie > 2020-06-23 16:04 | Report Abuse

mpay
cash flow 0.35 mil
debt -
current liabilities 6.7 mil

Posted by BuzzmeFund > 2020-06-24 11:21 | Report Abuse

cash flow 0.35 mil
debt -
current liabilities 6.7 mil

^ WOW wtf??? Sign of Bankrupt, no wonder need to Right Issues / Warrant.

PH777

104 posts

Posted by PH777 > 2020-06-24 11:33 | Report Abuse

Yes, BankUpt soon!

mf

29,191 posts

Posted by mf > 2020-06-28 00:58 |

Post removed.Why?

yingzhe17

878 posts

Posted by yingzhe17 > 2020-06-29 11:35 | Report Abuse

gone case this company. time to move on. cut loss kawan kawan.

Posted by BuzzmeFund > 2020-06-29 16:53 | Report Abuse

A single quarter rugi 5.2m and the CEO still keeping his job.

JunJun

24 posts

Posted by JunJun > 2020-06-30 03:09 | Report Abuse

Big impairment on receivables

Posted by BuzzmeFund > 2020-06-30 10:26 | Report Abuse

https://www.theedgemarkets.com/article/court-grants-order-freeze-rm169-mil-ricky-wongs-assets Another AMEDIA in making "Money Laundry Vehicle"

George99

259 posts

Posted by George99 > 2020-07-02 13:15 | Report Abuse

Yes. this counter get alot new business now a day...

fl888

7,750 posts

Posted by fl888 > 2020-07-08 09:57 | Report Abuse

something up in MPAY now...looks good...no borrowing....PPs coming

diaz_flag

202 posts

Posted by diaz_flag > 2020-07-08 17:16 | Report Abuse

throw more money in, to sink together hahahah

Michael Kwok

6,448 posts

Posted by Michael Kwok > 2020-07-09 17:52 | Report Abuse

I come usually got Ong.Buying 200k shares worth 10 cents.TP 20 cents range.Based on chart pattern.U may never know it may aqquire future businesses to increase businesses.The current trend about buying penny stock.

Michael Kwok

6,448 posts

Posted by Michael Kwok > 2020-07-09 17:53 | Report Abuse

How to bankcrupt when got over 6 millions cash and reasonable account receivable.

ayamSG

75 posts

Posted by ayamSG > 2020-07-09 22:07 | Report Abuse

Next IRIS and PDZ

Posted by BuzzmeFund > 2020-07-10 09:05 | Report Abuse

Where did you see 6 Million cash flow? As Audited on March is only 1Million cash flow, guess how much is left now as dated on July?

Fix Deposited should not consider as cash, you need to down to earth to understand MPay business. Those are money they place into Trustees to operate their E-Money License & E-Payment business, simply it is untouchable money.

Account Receivable still have to deduct the cost, MPay earning is on micro margin may just as low as a few percentages to basis point.

For Bank & FI business you need to look at PNL, they need to have the capabilities to generate fresh money. Simply MPay business Model does not work, their reputation in the market is not good either, MPay is just considered as Tier 3 Players because their system can't cater for large volume Transaction, for Tier 2 Players (GHL, Revenue, Ipay88 etc).

MPay is just a Left Pocket in, Right Pocket out company control by the families.

Alex5398

137 posts

Posted by Alex5398 > 2020-07-10 11:04 | Report Abuse

MPAY is coming!sit tight !

George99

259 posts

Posted by George99 > 2020-07-10 12:11 | Report Abuse

this company is cheapest in it segment compare to others..same as IRIS.

It is easily to push up some more as low of total volume...

ayamSG

75 posts

Posted by ayamSG > 2020-07-14 12:54 | Report Abuse

fly to moon this week ?

fl888

7,750 posts

Posted by fl888 > 2020-07-15 09:20 | Report Abuse

MPAY will pay back to loyal investors this month....

Posted by Poh Eng Seong > 2020-07-15 13:07 | Report Abuse

hopefully

Michael Kwok

6,448 posts

Posted by Michael Kwok > 2020-07-15 23:24 | Report Abuse

This month and next(Month July and August)

fl888

7,750 posts

Posted by fl888 > 2020-07-21 10:05 | Report Abuse

Money Pay when go up....?....

plaxo 88

153 posts

Posted by plaxo 88 > 2020-07-23 09:50 | Report Abuse

fl888, good question. I have been waiting years for this. All you get is 'next month, next few months' etc. Happy holding till doomsday!!

Alex5398

137 posts

Posted by Alex5398 > 2020-07-27 19:19 | Report Abuse

agreement

fl888

7,750 posts

Posted by fl888 > 2020-07-27 20:23 | Report Abuse

Joining XOX ....

Posted by birkincollector > 2020-07-27 20:25 | Report Abuse

wah fly fly fly

Posted by birkincollector > 2020-07-27 20:27 | Report Abuse

The Board of Directors of the Company wishes to announce that ManagePay Services Sdn. Bhd. (“MPSB”), a wholly-owned subsidiary of MPay, had on 27 July 2020 entered into a Joint Venture and Shareholders’ Agreement (“Agreement”) with Passion Venture Capital Pte Ltd (“PVC”) to set up a JVC to apply for and/or procure a digital bank licence from Bank Negara Malaysia (“BNM”) and subsequent thereto, to operate a digital bank, in accordance with the terms and subject to the conditions in the Agreement for the purpose of furthering the Proposed JV.

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